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Fri 07 Jul 2010Stakes could not be higher as Nama is put to the test
A legal challenge to Nama by developer Paddy McKillen could derail the engine designed to pull the banks out of crisis
IT IS 15 months since plans were announced for a State agency to take out the most toxic loans across the domestic banking sector. As of this week, the National Asset Management Agency (Nama) had acquired a quarter of the targeted loans linked to the 33 biggest borrowers.
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